Tag: federal reserve

The banking sector faces several risks. Given the sector’s systemic importance, it's important that bank risks are properly understood and addressed.

Analysts expect Citigroup’s (C) EPS to increase at a double-digit rate in the coming quarters, which makes its valuation lucrative.

The S&P 500 Index, which is trading close to an all-time high, could be affected by the Fed’s tone in its upcoming meeting.

On Tuesday, Fed Chair Jerome Powell expressed willingness towards interest rate cuts amid the slowdown. So far, the Fed has cut the rates twice this year.

The Fed's stance for upcoming interest rates will be clear when it releases the September meeting minutes on Wednesday. Policymakers seem to be divided.

President Trump is not happy with the present Fed rate cut. He wants the cutback to be higher. So high that the interest rates are negative.

The Fed is expected to revise lending rates this week. Berkshire Hathaway CEO Warren Buffett has advised investors not to worry about the Fed’s decision.

Yesterday, in a series of late-night tweets, President Trump attacked the Federal Reserve and Jerome Powell again, calling them “boneheads.”

Today, the Bureau of Labor Statistics released the US non-farm payroll data for August. The US economy added fewer-than-expected jobs last month.

Today, China announced a reserve ratio cut for banks. The People’s Bank of China lowered the reserve ratio by 50 basis points for all banks.